Used as a key intermediate in the synthesis of pharmaceuticals and biologically active compounds, particularly in the development of kinase inhibitors and antitumor agents. Its structure supports the construction of complex heterocyclic systems found in drug candidates. Commonly employed in medicinal chemistry for building pyrrole-based scaffolds, which are prevalent in various therapeutic agents including anti-inflammatory and antiviral drugs. Also utilized in research settings for the design of novel organic molecules requiring functionalized pyrrole rings.